Apollo History

Funds managed by Apollo acquire the Credit Suisse Securitized Products Group in February 2023 and announce the launch of ATLAS SP Partners ("ATLAS"), a new standalone credit firm focused on asset-backed financing and capital markets solutions. ATLAS is one of 16 distinct origination platforms backed by Apollo and the largest to-date. (1)

Apollo takes an important and innovative step in furthering the development of the firm’s Global Wealth business, by launching a new Luxembourg-based product platform designed to offer a holistic set of alternative investment solutions across asset classes, including Credit, Equity and Real Assets, to investors outside of the United States. 

Apollo’s Sponsor and Secondary Solutions business, S3, launches to provide flexible capital solutions to asset managers and limited partners across Apollo’s Equity, Credit, and Real Assets ecosystems. 

By mid-2022, Athene ratings are upgraded to A+/A+/A1/A by Fitch, S&P, Moody’s, and AM Best. (2)

In January 2022, Apollo completes its merger with Athene, bringing the two strategic partners together in full alignment under one publicly-traded parent company with the Apollo name.

Apollo commits more than $100 million over the next decade to invest in philanthropic initiatives focused on educational access, workforce development and economic empowerment.

Apollo launches a comprehensive Sustainable Investing Platform focused on financing and investing in the energy transition and decarbonization of industry, with a target to deploy $50 billion in clean energy and climate investments over the next five years.

Apollo kickstarts an office modernization initiative, upgrading workplaces across New York, Greenwich, India, London and Singapore.

Apollo announces governance changes to expand and empower the Board of Directors and move to a one share/one vote structure, and appoints former SEC Chair Jay Clayton as independent Chair of the Board of Directors. These efforts pave the way for a simpler structure and eligibility for inclusion in a broader set of market indices.

In 2021, Apollo officially establishes its Capital Solutions business, Apollo Capital Solutions, centralizing its origination, structuring, and distribution capabilities. 

In May 2021, Apollo establishes a dedicated Global Wealth Management Solutions (“GWMS”) vertical within Apollo’s Client and Product Solutions group (“CPS”), furthering the firm’s strategic imperative to better serve individual investors. 

In June 2021, Apollo, Ares and Oaktree co-found AltFinance with an up to $90M commitment to build pathways for more students and alumni of Historically Black Colleges & Universities (HBCUs) to explore and pursue careers in alternative investing.

Apollo partners with Motive Partners and Figure to capitalize on transformation in financial services, enhance distribution channels, increase origination opportunities, and build efficiency across platforms. 

In June 2020, Athene completes a strategic transaction with Jackson National Life Insurance Company as a part of its long-term commercial diversification strategy. 

Apollo converts from a publicly traded partnership to a corporation, enabling a broader set of shareholders to participate in the firm’s long-term growth and profitability.

Apollo launches Insurance Solutions Group to provide tailored portfolio and asset management services to retirement services and insurance clients.

Funds managed by Apollo acquire a portfolio of nearly $1B in energy investments from GE Capital’s Energy Financial Services unit.

Throughout 2018, Athene completes several strategic transactions, showcasing the retirement services company’s leadership and expertise in providing customized solutions for the ongoing restructuring in the life insurance industry. 

Athora, a European savings and retirement services group, launches when AGER Bermuda Holdings Ltd. is deconsolidated from Athene. 

Athene Holding Ltd. makes its initial public offering on the New York Stock Exchange under the ticker symbol ATH.

Apollo acquires Venator Real Estate Capital Partners and establishes a meaningful presence in Asia.

Apollo acquires MidCap Financial, a commercial finance company focused on the middle market in the United States, establishing the firm’s origination capabilities and platforms. 

Athene acquires Aviva USA, which, combined with the Athene Annuity & Life Assurance Company, becomes the second largest issuer of fixed indexed annuities in the US.

Apollo Global Management, LLC makes its initial public offering on the New York Stock Exchange with the ticker symbol APO, further solidifying Apollo’s position as a leading global alternative asset manager.

Athene is founded with aspirations to become a leading retirement services company.

Apollo issues its first annual Sustainability Report and establishes a dedicated ESG reporting program incorporating more than 150 individual ESG metrics to capture both quantitative and qualitative insights.

Apollo establishes the EPF business to capture a broad range of European deleveraging opportunities. 

Apollo opens its first two international offices - Singapore and London in 2006. Seven other offices open across Europe and Asia-Pacific over the next decade.

Apollo continues to diversify and closes on its first real estate opportunity fund in 1993. 

In one of the firm’s earliest and most successful deals, Apollo acquires Executive Life Insurance Company’s bond portfolio, establishing what will become the largest credit platform among alternative asset managers.

Apollo is established in 1990 as an entrepreneurial firm built for the shifting financial landscape, and is quickly recognized for its innovative and disciplined investment approach.